International Business Times
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May 21, 2012 5:56 PM IST

Forextribe
Updated the:
05/21/2012
EUR/GBP Technical Analysis comments :

Sentiment :

0.81

0.8050

The pair EUR/GBP has validated on friday a return above 0.8050.
The pair is still moving into a bearish channel (purple paralell lines).
We are neutral between 0.8050 and 0.81.
We advise to wait an exit of this range to take position:
- Long above 0.81. The breakout of 0.8150 will give a new buy signal.
- Short below 0.8050. The breakout of 0.80 will give a new sell signal.

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